Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$250,592$250,592$359,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$108,508$0
Funding fee$1,253$1,253$0
Note rate3.060%3.060%7.320%
Blended rate3.060%4.553%7.560%
1st payment$1,204.22$1,204.22$2,466.77
2nd payment$0.00$723.39$0.00
Taxes / mo$371.47$371.47$371.47
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$71.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,725.69$2,449.08$3,060.06
Cash to close$148,408$39,900$39,900